Brazil Video Surveillance market is forecast to reach $873.69 million by 2019

FIFA Worldcup 2014 and Olympics 2016, spurring the growth of Brazil Video surveillance market

Posted On: 2014-02-01

The report “Brazil Video Surveillance Market (2014-2019)” categorized the market by Cameras (Analog and IP), DVR/NVR, Encoders/Decoders, Software, Verticals (Government & Public Infrastructure, Industrial, Commercial and Residential), and Regions (Northern, North-Eastern, South-Eastern, Southern and Middle-Western)”

Brazil is becoming one of the key growing countries in global video surveillance market on account of increasing security initiatives to enhance and implement advance security infrastructure due to upcoming international sporting events such as FIFA Worldcup, 2014 and Olympics, 2016. Also, with rapid infrastructure development and increasing crime rate, the market for video surveillance in Brazil is expected to gain significant momentum in the coming years.

In Brazil’s video surveillance market, analog based surveillance systems have generated majority of the market revenues; however, a shift towards more secured IP based surveillance systems is witnessed in the market. Video analytics, remote accessibility, ability to access over smart devices and easy to integrate with wireless networks are the some of the key benefits offered by IP based surveillance systems.

According to 6Wresearch, Brazil Video Surveillance market is forecast to reach $873.69 million by 2019. Amongst all verticals, government & public infrastructure accounted for the largest share in overall market. Also, south-eastern and southern regions are playing a vital role for the growth of video surveillance in Brazil.

The report estimates and forecast market size, market revenue by products, verticals and regions. The report also gives the insights on latest market trends, drivers, restraints and opportunities that devise growth of the market.